Grail (GRAL) Tax Rate (2023 - 2026)
Grail's (GRAL) quarterly Tax Rate came in at 33.87% in Q2 2026, up 844.0% on a YoY basis from 3.59% in Q2 2025, and up 25.79% quarter-over-quarter from 26.93% in Q1 2026.
Analysis
Grail (GRAL) Tax Rate (2023 - 2026) Analysis & Trends
Grail (GRAL) has reported Tax Rate for 4 consecutive years, with 33.87% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 844.0% year-over-year to 33.87%; the trailing twelve-month figure through Jun 2026 stood at 26.04% (up 3.0% YoY), and the FY2025 full-year result was 23.6%, up 1734.0% from the prior year.
- Tax Rate rose to 33.87% in Q2 2026 per GRAL's latest filing, from 26.93% in the prior quarter.
- Across five years, Tax Rate topped out at 33.87% in Q2 2026 and bottomed at 2.04% in Q4 2023.
- Historically, Tax Rate has averaged 16.9% across 4 years, with a median of 23.57% in 2024.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 2505 bps in 2024, then tumbled 868 bps in 2025.
- Over 4 years, Tax Rate stood at 2.85% in 2023, then jumped by 727 bps to 23.57% in 2024, then plunged by 37 bps to 14.88% in 2025, then jumped by 128 bps to 33.87% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 33.87%, 26.93%, and 14.88% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 0.45% |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 21.36% |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 22.59% |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | -0.15% |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 3.51% |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | -3.75% |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 31.27% |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | -7.13% |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | - |
| 10 | Grail | 3.61 Bn | 2.75 Bn | 21.34 Mn | 33.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.87% |
| Mar 31, 2026 | 26.93% |
| Dec 31, 2025 | 14.88% |
| Sep 30, 2025 | 25.05% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 27.46% |
| Dec 31, 2024 | 23.57% |
| Sep 30, 2024 | 27.10% |
| Jun 30, 2024 | 3.24% |
| Mar 31, 2024 | 2.48% |
| Dec 31, 2023 | 2.85% |
| Oct 1, 2023 | 2.04% |
| Jun 30, 2023 | 4.83% |